Middle East Economic Survey

VOL. LIII

No 49

6-Dec-2010

SUPPLY/DEMAND

Japanese Crude Oil Imports Declined During October

Japanese crude oil imports declined during October to an average of 3.394mn b/d, a fall of 1.5% from the September average of 3.446mn b/d, and down by 5.8% from the October 2009 average of 3.604mn b/d, according to monthly import data released by Japans Ministry of Economy, Trade and Industry (METI) on 31 November. Crude oil imports from the Middle East rose by 2.4% during...